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PID - ETF AI Analysis
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Invesco International Dividend Achievers ETF (PID)
Rating:71Outperform
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Brookfield Renewable Partners and British American Tobacco, have delivered strong year-to-date performance, supporting the ETF’s overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Communication Services, Utilities, and Financials, reducing reliance on any single industry.
Healthy Year-to-Date Performance
The ETF has shown solid year-to-date performance, indicating resilience in its portfolio during recent market conditions.
Negative Factors
High Geographic Concentration
The ETF is heavily concentrated in North America, with over 98% exposure to the U.S. and Canada, limiting global diversification.
Underperforming Holdings
Some top holdings, like Amcor and PLDT, have lagged in performance, which could drag on overall returns.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly reduce long-term returns.
PID vs. SPDR S&P 500 ETF (SPY)
AUM891.65M
RegionGlobal Ex-U.S.
Expense Ratio0.53%
Beta0.42
IssuerInvesco
Inception DateSep 15, 2005
Dividend Yield3.17%
Asset ClassEquity
Index TrackedNASDAQ International Dividend Achiever Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume68,992
30 Day Avg. Volume55,181
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
25.04Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
PID Summary
The Invesco International Dividend Achievers ETF (PID) is an investment fund that focuses on international companies with a strong track record of paying and growing dividends. It follows the NASDAQ International Dividend Achiever Index and includes well-known companies like Brookfield Renewable Partners and Enbridge. PID is ideal for investors looking to diversify their portfolio with stable, income-generating stocks from various sectors, such as utilities and communication services. However, new investors should be aware that the ETF’s performance can fluctuate with the broader market and is heavily influenced by dividend-paying companies, which may be impacted during economic downturns.
How much will it cost me?The Invesco International Dividend Achievers ETF (PID) has an expense ratio of 0.53%, meaning you’ll pay $5.30 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it is focused on a specific strategy of investing in international dividend-paying companies, which requires more active management. It’s a reasonable fee for the specialized exposure it provides.
What would affect this ETF?The Invesco International Dividend Achievers ETF (PID) could benefit from global economic stability and increased demand for dividend-paying stocks, especially as companies in sectors like Communication Services and Utilities continue to show resilience and growth potential. However, challenges such as rising interest rates or regulatory changes in key international markets could negatively impact dividend-paying companies, particularly in sectors like Financials and Energy. Additionally, currency fluctuations in global markets may affect returns for U.S.-based investors.
PID Top 10 Holdings
The Invesco International Dividend Achievers ETF (PID) leans heavily on global dividend-paying companies, with a notable focus on utilities and communication services. Brookfield Renewable Partners and PT Telekomunikasi Indonesia are rising stars, benefiting from strong cash flow and solid dividend yields, while British American Tobacco adds a steady income boost despite mixed technical signals. On the flip side, Amcor and BCE are lagging, weighed down by bearish trends and leverage concerns. With its global ex-U.S. exposure, PID offers a diversified yet concentrated play on reliable income generators, though some holdings face headwinds.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| PT Telekomunikasi Indonesia Tbk | 4.30% | $37.88M | $20.88B | 37.86% | 75 Outperform | |
| PLDT | 4.19% | $36.86M | $4.72B | 3.94% | 77 Outperform | |
| Brookfield Renewable Partners | 4.01% | $35.32M | C$25.91B | 17.93% | 56 Neutral | |
| Brookfield Infrastructure | 3.84% | $33.78M | C$21.55B | 12.10% | 69 Neutral | |
| Amcor | 3.74% | $32.97M | $19.17B | -11.33% | 73 Outperform | |
| BCE | 3.63% | $31.99M | C$29.92B | -1.07% | 72 Outperform | |
| British American Tobacco | 3.59% | $31.58M | $124.27B | 54.51% | 59 Neutral | |
| Enbridge | 3.52% | $31.02M | $101.63B | 15.90% | 69 Neutral | |
| Canadian Natural | 3.39% | $29.84M | C$89.57B | 7.27% | 81 Outperform | |
| Magna International | 3.22% | $28.38M | C$20.48B | 27.77% | 77 Outperform |
PID Technical Analysis
Positive
―
Price Trends
21.61
Positive
21.32
Positive
20.41
Positive
Market Momentum
0.12
Positive
54.54
Neutral
50.00
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PID, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 21.83, equal to the 50-day MA of 21.61, and equal to the 200-day MA of 20.41, indicating a bullish trend. The MACD of 0.12 indicates Positive momentum. The RSI at 54.54 is Neutral, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PID.
PID Peer Comparison
Comparison Results
Performance Comparison
PID
Invesco International Dividend Achievers ETF
21.91
4.34
24.70%
APIE
ActivePassive International Equity ETF
―
―
―
CGIC
Capital Group International Core Equity ETF
―
―
―
WCMI
First Trust WCM International Equity ETF
―
―
―
MFSI
MFS Active International ETF
―
―
―
IDVO
Amplify International Enhanced Dividend Income ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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